Heidfeld: driver pay cuts a possibility

BMW Sauber driver Nick Heidfeld has said that driver pay cuts are a possibility this season as the sport comes to terms with reduced costs and expenditures in all areas. The 31-year-old German believes that F1 drivers may not be exempt from the effects of the global financial difficulties, he is quoted as saying by spox.com.

‘We will have to adjust ourselves to it, just like everyone else,” he said.

Previously, talk of driver salary caps or reductions has been mere speculation, with many drivers speaking out against the possibility. Top teams remain likely to pay drivers very highly. Heidfeld said that he hoped the problem would be resolved.

“At the moment it is not really an issue, and I hope that there are other ways so that nobody loses their jobs and the driver salaries stay the same,” he added.

The German s comments come soon after drivers found the cost of their superlicence – allowing them to compete in F1- had been increased considerably, and FIA president Max Mosley urged the teams and drivers to make driver salaries more transparent.